STAR LAKE SCIENCE(SH:600866)2015-10-26 16:00Financial Performance - Operating revenue increased by 1.69% to CNY 604,597,183.33 for the first nine months compared to the same period last year[7]. - Net profit attributable to shareholders was a loss of CNY 175,168,238.93, an improvement from a loss of CNY 224,083,621.03 in the same period last year[7]. - Basic and diluted earnings per share were both CNY -0.2714, improving from CNY -0.4071 in the same period last year[7]. - Total operating revenue for Q3 2015 was CNY 171,788,134.87, a decrease of 19.6% compared to CNY 213,659,309.49 in Q3 2014[27]. - Net loss for Q3 2015 was CNY 67,202,257.32, compared to a net loss of CNY 74,780,592.63 in Q3 2014, showing an improvement of 7.0%[28]. - The total comprehensive loss for Q3 2015 was CNY 67,202,257.32, compared to CNY 73,803,092.63 in Q3 2014, indicating a reduction in losses[29]. - Year-to-date revenue reached ¥603.93 million, up 4.9% from ¥580.43 million in the same period last year[31]. Assets and Liabilities - Total assets decreased by 7.43% to CNY 2,087,948,102.18 compared to the end of the previous year[7]. - Total liabilities increased from CNY 787,367,729.62 to CNY 799,919,631.99, a rise of about 1.98%[22]. - Current assets totaled CNY 824,628,137.35, down from CNY 930,990,358.50, representing a decrease of about 11.39%[21]. - Cash and cash equivalents decreased by 38.55% compared to the beginning of the period, primarily due to fixed asset purchases, increased investment in financial products, and repayment of bank loans and bond interest[11]. - Total equity decreased from CNY 1,468,160,137.21 to CNY 1,288,028,470.19, a decline of approximately 12.2%[22]. Cash Flow - Net cash flow from operating activities was CNY 19,213,093.19, a significant recovery from a negative cash flow of CNY -60,563,176.50 in the same period last year[7]. - Operating cash flow net inflow increased by 79.78 million compared to the same period last year, primarily due to increased cash received from sales revenue and tax refunds[14]. - Cash flow from operating activities generated ¥19.21 million, a significant recovery from a negative cash flow of ¥60.56 million in the same period last year[34]. - The company reported a net cash outflow from financing activities of CNY -57,138,582.24, an improvement from CNY -135,981,135.54 year-on-year[39]. Shareholder Information - The total number of shareholders at the end of the reporting period was 50,614[10]. - The largest shareholder, Guangdong Guangxin Holdings Group Co., Ltd., held 14.94% of shares[10]. - The second largest shareholder, Shenzhen Changcheng Huili Asset Management Co., Ltd., held 14.72% of shares, with 95,000,000 shares pledged[10]. Investments and Expenses - Sales expenses increased by 34.49% compared to the same period last year, mainly due to increased transportation costs associated with higher sales volume[12]. - Financial expenses decreased by 32.63% compared to the same period last year, primarily due to reduced interest expenses from decreased bank loans and bonds[12]. - Investment losses from joint ventures and associates increased by 12.07 million compared to the same period last year, mainly due to increased losses from the new materials company[13]. Commitments and Future Outlook - The company committed to maintaining its controlling stake in Xinghuo Technology for 36 months following the completion of the private placement, ensuring no reduction in shareholding[16]. - The cumulative net profit forecast for the year until the next reporting period may indicate a loss or significant change compared to the same period last year[18].